900 MAPLE STREET LEBANON, PA 17046

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1853 William Penn Way     Lancaster, PA  17601     717.293.4477     www.highassociates.com 717.293.4477 900 MAPLE STREET LEBANON, PA  17046 Ruth M. Devenney, CCIM, SIOR 717.293.4552 – direct line [email protected] For Sale

Transcript of 900 MAPLE STREET LEBANON, PA 17046

Page 1: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

717.293.4477

900 MAPLE STREETLEBANON, PA  17046

Ruth M. Devenney, CCIM, SIOR717.293.4552 – direct [email protected]

For Sale

Page 2: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Table of Contents

• Property Information Sheet

• Property Photos

• Location Maps

• Aerial Photos

• Zoning Map

• Zoning Ordinance

• Site Plan

• Floor plans

• ESRI Site Map

• ESRI Executive Summary

• Lease Agreement

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

717.293.4477For Sale

Square Feet101,700 square feet usable144,020 square feet gross

Price$2,995,000

DescriptionThree story concrete building with two lots that can be used for parking.  Great redevelopment opportunity.  Full kitchen.  Most equipment retained.

Ruth M. Devenney, CCIM, SIOR717.293.4552 – direct [email protected]

School Property 

900 Maple StreetLebanon, PA  17046

PROPERTY INFORMATION

Total Acres Available 2.45 acres on two parcels

Available Square Feet 101,700 square feet usable.  144,020 square feet gross using outside dimensions

Construction Concrete block construction with masonry steel

Year Constructed 1975

Roof Flat, rubber roof

Sprinkler None, likely required

Floor Type Concrete poured on steel

Ceiling Height 9 feet

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Information furnished regarding property for sale or rent is from sources deemed reliable, but is not guaranteed.  No warranty or representation is made as to accuracy thereof and is submitted subject to errors, omissions, change of price, or other conditions, prior sale or lease or withdrawal without notice.  No liability of any kind is to be imposed on the broker herein.

For Sale

Number of Floors Three (3)

HVAC Variety of 30 year old air handlers, boilers, pumps, piping, controls and duct work

Electric 2000 amp service

Elevator One elevator with three stops

Other  Security system

Zoning Commercial Neighborhood

Municipality City of Lebanon

County Lebanon County

Tax Parcel # 07‐233 6938‐372822‐000007‐233 6473‐372837‐0000

Deed Book Reference Deed Book:  00114, Page 0037

Kitchen Equipment All kitchen equipment is part of the sale except food steamer and can crusher

Items to be Retained Phone systemProjectorsSpeakers (negotiable)SmartboardsAccess PointsCommunication equipment in officeEquipment in MDF and IDF locationsPA SystemCopper and fiber optic cables in placePatch panels in place

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Exterior Photos

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Exterior Photos

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Interior Photos

Page 8: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Interior Photos

Page 9: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Interior Photos

Page 10: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Kitchen Photos

Page 11: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Kitchen Photos

Page 12: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Kitchen Photos

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Storage Area Photos

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Mechanical Photos

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Location Maps

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Aerial Photos

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Zoning Map

Commercial Neighborhood Zoning 

SITE

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Page 25: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Site Plan

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Ground Floor Plan

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

First Floor Plan

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1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

900 Maple StreetLebanon, PA  17046

Second Floor Plan

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Site Map900 Maple St, Lebanon, Pennsylvania, 17046 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.34966

Longitude: -76.42849

November 03, 2017

©2017 Esri Page 1 of 1

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Executive Summary900 Maple St, Lebanon, Pennsylvania, 17046 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.34966

Longitude: -76.42849

1 mile 3 miles 5 milesPopulation

2000 Population 16,313 48,255 63,9952010 Population 17,275 51,291 68,9152017 Population 18,022 53,289 71,7522022 Population 18,553 54,685 73,8092000-2010 Annual Rate 0.57% 0.61% 0.74%2010-2017 Annual Rate 0.59% 0.53% 0.56%2017-2022 Annual Rate 0.58% 0.52% 0.57%2017 Male Population 48.6% 48.8% 48.7%2017 Female Population 51.4% 51.2% 51.3%2017 Median Age 35.2 40.3 40.8

In the identified area, the current year population is 71,752. In 2010, the Census count in the area was 68,915. The rate of change since 2010 was 0.56% annually. The five-year projection for the population in the area is 73,809 representing a change of 0.57% annually from 2017 to 2022. Currently, the population is 48.7% male and 51.3% female.

Median Age

The median age in this area is 35.2, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 62.8% 76.9% 81.2%2017 Black Alone 7.4% 5.2% 4.3%2017 American Indian/Alaska Native Alone 0.5% 0.4% 0.3%2017 Asian Alone 1.2% 1.5% 1.5%2017 Pacific Islander Alone 0.0% 0.0% 0.0%2017 Other Race 23.8% 12.7% 9.8%2017 Two or More Races 4.2% 3.3% 2.9%2017 Hispanic Origin (Any Race) 48.4% 28.2% 22.3%

Persons of Hispanic origin represent 22.3% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 56.8 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 6,691 19,276 24,7742010 Households 6,826 20,328 26,8042017 Total Households 7,002 20,857 27,6042022 Total Households 7,161 21,301 28,2822000-2010 Annual Rate 0.20% 0.53% 0.79%2010-2017 Annual Rate 0.35% 0.35% 0.41%2017-2022 Annual Rate 0.45% 0.42% 0.49%2017 Average Household Size 2.56 2.49 2.50

The household count in this area has changed from 26,804 in 2010 to 27,604 in the current year, a change of 0.41% annually. The five-year projection of households is 28,282, a change of 0.49% annually from the current year total. Average household size is currently 2.50, compared to 2.47 in the year 2010. The number of families in the current year is 18,389 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

November 03, 2017

©2017 Esri Page 1 of 2

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Executive Summary900 Maple St, Lebanon, Pennsylvania, 17046 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.34966

Longitude: -76.42849

1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $34,226 $48,975 $53,0482022 Median Household Income $35,587 $52,877 $58,0002017-2022 Annual Rate 0.78% 1.54% 1.80%

Average Household Income

2017 Average Household Income $43,463 $62,276 $68,1052022 Average Household Income $48,308 $71,064 $78,0132017-2022 Annual Rate 2.14% 2.68% 2.75%

Per Capita Income2017 Per Capita Income $16,965 $24,844 $26,7972022 Per Capita Income $18,712 $28,114 $30,4462017-2022 Annual Rate 1.98% 2.50% 2.59%

Households by IncomeCurrent median household income is $53,048 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $58,000 in five years, compared to $62,316 for all U.S. households

Current average household income is $68,105 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $78,013 in five years, compared to $91,585 for all U.S. households

Current per capita income is $26,797 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $30,446 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 7,400 20,643 26,3572000 Owner Occupied Housing Units 3,152 12,237 16,7902000 Renter Occupied Housing Units 3,539 7,039 7,9842000 Vacant Housing Units 709 1,367 1,583

2010 Total Housing Units 7,523 21,763 28,5102010 Owner Occupied Housing Units 2,912 12,453 17,7252010 Renter Occupied Housing Units 3,914 7,875 9,0792010 Vacant Housing Units 697 1,435 1,706

2017 Total Housing Units 7,772 22,494 29,5062017 Owner Occupied Housing Units 2,826 12,361 17,7652017 Renter Occupied Housing Units 4,176 8,496 9,8402017 Vacant Housing Units 770 1,637 1,902

2022 Total Housing Units 7,965 23,023 30,2732022 Owner Occupied Housing Units 2,880 12,581 18,1682022 Renter Occupied Housing Units 4,281 8,720 10,1142022 Vacant Housing Units 804 1,722 1,991

Currently, 60.2% of the 29,506 housing units in the area are owner occupied; 33.3%, renter occupied; and 6.4% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 28,510 housing units in the area - 62.2% owner occupied, 31.8% renter occupied, and 6.0% vacant. The annual rate of change in housing units since 2010 is 1.54%. Median home value in the area is $158,531, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 1.39% annually to $169,833.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

November 03, 2017

©2017 Esri Page 2 of 2

Page 32: 900 MAPLE STREET LEBANON, PA 17046

1853 William Penn Way      Lancaster, PA  17601     717.293.4477     www.highassociates.com 

717.293.4477

Information furnished regarding property for sale or rent is from sources deemed reliable, but is not guaranteed. No warranty or representation is made as to accuracy thereof and is submitted subject to errors, omissions, change of price, or other conditions, prior sale or lease or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

1853 William Penn Way

Lancaster, PA  17601

717.291.2284

FAX  717.293.4488

1.800.638.4414

5000 Ritter Road

Suite 201

Mechanicsburg, PA  17055

717.697.2422

FAX  717.697.0870

1.800.213.0094

495 Highlands Boulevard

Suite 103

Coatesville, PA  19320

610.380.8437

FAX  610.380.0583

11020 David Taylor Drive

Suite 130

Charlotte, NC  28262

704.688.0800

FAX  704.688.0801

6497 Parkland Drive

Suite E

Sarasota, FL  34243

941.756.5599

FAX  941.758.7614